The Start of OpenAI’s Trial Against Elon Musk Wasn’t the Worst Thing That Happened to Sam Altman Today
Elon Musk began testifying in a California courtroom to remove Sam Altman as OpenAI's CEO, but Altman faced a more immediate challenge as a Wall Street Journal report revealed OpenAI missed key user and revenue targets, sparking market concerns. The report claims internal tensions over spending and growth have escalated between Altman, CFO Sarah Friar, and the board, amid doubts about the company's financial sustainability. These revelations triggered a broad sell-off in tech stocks tied to OpenAI, especially cloud partners like Oracle and Coreweave. OpenAI denied the report's claims, touting strong growth in Codex, enterprise offerings, and its position as the leading AI research firm.
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Elon Musk took the stand in a California courtroom today to ask for OpenAI CEO Sam Altman’s ousting. Still, it wasn’t the worst thing that happened to the executive on Tuesday. That’s because on Monday night, the Wall Street Journal published a report claiming that ChatGPT’s growth had slowed toward the end of last year, and as a result, OpenAI had missed its internal goal of one billion weekly active users and its own target revenue for the…
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